BANK OF AMERICA CEO READY TO ENTER CRYPTO STABLECOIN MARKET PENDING REGULATORY APPROVAL

Tina Collins

28 Feb 2025

CEO Brian Moynihan confirmed readiness to enter the crypto market once regulations are in place.

He compared stablecoins to money market funds in financial transactions.

Moynihan did not comment on Bitcoin as an investment.

Regulatory efforts under the Trump administration aim for early crypto legislation.

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